News & Reviews:   scams

Now and then, scammers would pose as fake officials to message us. This week, Touch 'n Go has issued an urgent public advisory warning users about fraudulent calls and individuals falsely claiming to represent the company.

The 'deepfake' technology has now been detected as being used for online fraud purposes. Director of the Commercial Crime Investigation Department, YDH CP Dato' Sri Ramli Mohamed Yoosuf informed that there were three police reports - each in Kuala Lumpur, Terengganu and Penang regarding impersonation fraud believed to be using deepfake technology. So, what should you know about it?

The amount of scam and fraud cases is rising daily. Recently, ABM announced they have blocked over RM350 million in fraudulent transactions from January to October 2023. This is what you should know about it.

A total of RM2.5 million in losses was recorded in 2023 linked to fraud cases on social applications. The number covers as many as 494 cases involving cases of impersonation as a contact through social applications such as WhatsApp, Telegram and Facebook. So, what should you know about it?

Now that we have arrived in 2024, it’s pretty common to see promotions and mouth-watering deals everywhere. That includes both online and COD-related purchases. That said, scam cases are also at an all-time high during this period. That said, this is how you can prevent yourself from falling into COD scams.

Scam cases have been on the rise lately. Thankfully, the MCMC has also been very active in countering this problem. According to a minister, the government body has blocked over 3150 scam-related media online

One of the things we always encounter in Malaysia is scams. Some are through phone calls or emails, while others try to trick us via social media platforms. And of the many popular platforms, Facebook seems to be the most scam-ridden.

The Malaysian Communications and Multimedia Commission (MCMC) recently announced that it will take “stern action” against social media platforms and certain applications that “have not been effective at self-regulating the use of their platforms in line with Malaysia’s laws and national interests”. This is in response to 11858 scam complaints, RM1.2 billion in losses and 2125 reported fake news as of April 2023. 

If you regularly watch YouTube and don’t have an ad-blocker turned on, then it’s very likely that you’ve been bombarded with annoying ads by a company called OctaFX offering investment and financial services. Well, as it turns out, OctaFX's aforementioned services and operation were never authorised or approved by Bank Negara Malaysia (BNM).

As netizens, we always have to be careful of the things we can run into online. Things like scams SMS messages and phishing emails are so common these days, so it's useful to get some warning when a new wave of scams has been found. What's more, this one is a bit more local too.